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Asia Pacific

Increased Transhipments Predicted

"The increased demand for point-to-point service requires the use of transshipment hubs to coordinate feeder services to and from countries and ports with low-volume throughput," said Mike Lee, Consultant, Transportation & Logistics, Asia Pacific at Frost & Sullivan. He added that there has been a universal shift from transporting bulk or loose goods to transportation by containers due to the benefits offered by containerization such as safety, cost, speed, and convenience. "This is expected to drive growth in the container ports market in the short to medium term, especially from India where the level of containerization remains low," Lee said. New analysis from Frost & Sullivan Strategic Insights on Asia Pacific Container Ports Market, finds that the Asia Pacific container ports handled over 264 million TEUs in 2008 and estimates this to reach 378 million TEU in 2015. However, Lee said that the total container throughput in Asia Pacific is likely to decline approximately eight to 12 percent in 2009 due to the economic crisis. "Intervention by governments in Asia Pacific and increased consumers' confidence are likely to cushion the impact," he added. Lee also said that the increased focus to tackle terrorism after the September 11 attack led to new initiatives to prevent the threat before it happens


Total Lubmarine Celebrates 25 years' Asia-Pacific service

Total Lubmarine’s Hong Kong office is a key part of the company’s Asian infrastructure. Photo Total Lubmarine

  Increased demand for marine lubricants in the Asia-Pacific region has underpinned the growth of Total Lubmarine’s Hong Kong office which this year celebrates 25 years of service to ship operators across the region. Today, Asia represents more than 50% of Total’s lubricants sales across all segments. Total Lubmarine’s Hong Kong office is a key part of the company’s Asian infrastructure.


EMMF Strengthens Global Bunkering Team

EXXONMOBIL Marine Fuels (EMMF), a world leading supplier of marine fuels, has undertaken a strategic reorganisation and strengthening of its bunkering team worldwide with effect from January 1, 2004. Dan Bryce is to leave his post as EMMF Americas General Manager to become Adviser, LNG/PGS Business Planning and Support, ExxonMobil Gas and Power Marketing, based in Houston. Meanwhile, Joe Rud, currently EMMF Manager for


Tendeka Announces Two Key Promotions

Gillian King, SPE, vice president Asia Pacific region

Tendeka, the provider of completions and reservoir monitoring products and services to the upstream oil and gas industry, is delighted to announce the promotions of two key personnel. Gillian King, SPE, has been appointed vice president Asia Pacific region and Derren Simpson, SPE, has been appointed vice president Middle East and North Africa. Gillian joined Tendeka as senior sales engineer in January 2007. She then progressed to regional sales manager Europe before becoming area manager for


Hong Kong Receive BMT Maritime Strategic Study

Hong Kong Port: Photo BMT

BMT Asia Pacific (BMT), a subsidiary of BMT Group Ltd, says it has completed a major strategic study - “Enhancing Hong Kong’s Position as an International Maritime Centre (IMC)”, undertaken on behalf of the Hong Kong Transport and Housing Bureau. The study aims to plot a development roadmap and strategy that will enable Hong Kong to remain a successful IMC in an increasingly competitive region. BMT explains that it conducted the IMC study utilising extensive industry


Cargo Shipping Market to Reach 12.52 Bln Ton by 2021

Photo: Maersk Line

 The Cargo Shipping Market is estimated to gain momentum after fiscal year 2018 after years of sluggish growth. Cargo Shipping Market is projected to reach 12.52 Billion Tons at CAGR of 3.5% from 2016 to 2021.   According to report Cargo Shipping Market - Global Trends and Forecast to 2021, the growth in container transport will have highest growth in cargo shipping trade compared to other types of cargos.   


TT Club Appoints Lewin as COO

TT Club, the transport and logistics industry's provider of insurance and related risk management services has appointed Colin Lewin as Chief Operating Officer, effective October 1, 2002. Lewin, currently Asia Pacific regional manager for TT Club, will take over the operational management of underwriting and claims in order to leave CEO Paul Neagle free to manage the strategic development of the business following its extensive planning initiative last year with Ernst and Young.


Star Positions Ship In Dubai

Malaysian cruise operator Star Cruises Plc has positioned a 100-passenger vessel in Dubai in efforts to cover West Asia, company officials said. "The coverage of West Asia reinforces Star as the leading cruise line in Asia-Pacific after having ships positioned in North, East and South East Asia," Star chairman K.T. Lim said. The MegaStar Capricorn will be positioned year-round in Dubai and will make 200 calls a year at the port


XL Group Grows in Asia

XL Group strengthened its Insurance Marine team with the appointment of Mike Davies as Chief Underwriting Officer, Marine, Asia Pacific and Ian Picton as Senior Upstream Underwriter.   Understanding the local industry and what is impacting it, is a key recruitment driver for XL Group. Explaining, Lee Meyrick, Chief Underwriting Officer, Global Marine and Offshore Energy, said: “Asia is an important market for our global clients and it plays a huge part in supply chain logistics


BMT Completes Hong Kong Port Study

BMT completes Hong Kong Port Strategic Development Study‏

  BMT Asia Pacific, a subsidiary of BMT Group Ltd, is pleased to announce the completion of The Strategic Development Plan for Hong Kong Port 2030 (HKP2030) on behalf of the Hong Kong Government. The Study is a key element in guiding local port development policy and planning investment for the future. Following an in-depth review of the containerised cargo market in Hong Kong, BMT developed a plan to enhance the competitiveness of Hong Kong’s port sector via a series of staged


US Navy, Queensland Partner with Industry

Deputy Under Secretary of the Navy for Management, Tom Hicks, left, meets with the Queensland Premier, the Honorable Annastacia Palaszczuk, center, and the Queensland Minister for Energy and Water Supply, the Honorable Mark Bailey prior to the open ceremony for the Biofutures Industry Forum at the Brisbane Convention and Exhibition Centre in Brisbane, Australia. (U.S. Navy photo courtesy of Queensland Officials/Released)

A two-day Biofutures Industry Forum hosted by the Queensland government and U.S. Navy at the Brisbane Convention and Exhibition Centre commenced today in Brisbane, Australia. The forum will bring together biofutures industry leaders from each step in the supply chain to collaborate and discuss


Synectics Shows Offshore Success with Multiple Vessel Contracts

Global surveillance business Synectics has been awarded contracts for ten marine and offshore vessels including LNG Carriers, LPG Carriers and Floating Storage Regasification Units (FSRUs).   Scheduled for construction in South Korea and China


Novatek Inks Agreements with Japanese Companies on Gas

Novatek, Russia's second biggest gas producer, said on Friday it had signed agreements with Japan's Mitsui & Co, Mitsubishi Corp and Marubeni Corp to cooperate in liquefied natural gas and other energy sectors.   Japan, lacking fuel resources


Evac Systems Ordered for ‘Global Class’ Cruise Ships

MVW Global Class © MV WERFTEN

 German shipyard MV WERFTEN, a wholly owned subsidiary of Genting Hong Kong, said it will install the Evac Complete Cleantech Solution on board two new Global Class ships for Asia-Pacific cruise line Star Cruises. The contract also covers two optional cruise vessels of the same class in the


Submarine Market Valued at Nearly $23 Billion

Photo: Navy Recruiting Command

 The submarine market will be valued at $22.8 billion this year.  By 2026 the market will reach $36.3 billion, according to Strategic Defence Intelligence.  This represents a compound annual growth rate of (CAGR) of 4.74%.  


Matrix PDM Signs Licensing Deal with GTT

Photo: GTT

 GTT's Houston-based US subsidiary, GTT North America (GTT NA), has signed a license agreement with the American engineering company Matrix PDM Engineering.   The agreement was signed at the Matrix Service Company headquarters in Tulsa, OK


Zim Adds Pacific North West Service

Photo: Zim Integrated Shipping Services

 Zim Integrated Shipping Services (ZIM) is introducing an additional Asia-Pacific North West Trade route, CEN – (China Express Northwest service) with the following rotation: Xingang – Qingdao – Shanghai – Prince Rupert – Xingang.   


US Navy Tested New Command in Latest Challenge to China

The U.S. Navy destroyer that sailed near Chinese-claimed islands in the South China Sea last week was under orders from the Third Fleet headquarters in San Diego, a first aimed at bolstering U.S. maritime power in the region, two sources said.  


Hanjin Collapse: Cargo Owners Look for Saftey

Photo: Hanjin Shipping Co Ltd

 Cargo owners are becoming more concerned about risks and are shifting their business to shipping lines deemed more financially stable after the collapse of South Korea's Hanjin Shipping Co Ltd, Reuters reported quoting top shipping executives.  


THE Alliance Sets Out Service Plans

Photo: Hapag-Lloyd

The members of THE Alliance announced the details of the plan for their product starting from April 2017. THE Alliance plans to deploy a fleet of more than 240 modern ships in the Asia /Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea


US Navy Awards Repair Work to BAE Systems

Amphibious transport dock ship USS New Orleans (LPD 18) (U.S. Navy photo by Brian Caracci)

BAE Systems today received a $36.7 million contract from the U.S. Navy for the repair and maintenance of the amphibious transport dock ship USS New Orleans (LPD 18). The New Orleans will be the first ship to be repaired in the company’s new drydock in San Diego


CNCo Christened MV Tunsin at Imabari Shipyard

MV Tunsin Photo CNCo

The China Navigation Company (CNCo) christened its last newbuild bulk carriers, MV Tunsin, on 16 November at the Imabari Shipyard in Japan. Tunsin is the 241st CNCo newbuilding and the 86th vessel in this series. CNCo ordered four handysize bulk carriers (Imbari38 loggers) from Imabari


Naming Ceremony for CNCo Newbuilding

Photo: The China Navigation Co.Pte.Ltd

 Following the naming of its new cement carrier, MV Aotearoa Chief, in New Zealand yesterday, The China Navigation Company (CNCo) christened its last newbuild, MV Tunsin, on 16 November at the Imabari Shipyard in Japan. Tunsin is the 241st CNCo newbuilding and the 86th vessel in this series


Marlink Secures Global Intelsat EpicNG Maritime Coverage

Marlink is a long-standing Intelsat S.A. customer, with services on multiple Intelsat satellites and the IntelsatOne terrestrial network, has signed an agreement for high-throughput connectivity from Intelsat’s Horizons 3e satellite.  


Sizing Up The World’s Shipping Companies

Graph: Clarksons Research

 Shipping is a truly global industry with owners based all over the world, says Clarksons Research. Interestingly, ownership is also very fragmented with over 90,000 vessels owned by more than 24,000 shipowners, with an average of around four ships per owner.   






 
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